On January 12, hot news about important macroeconomic events and data in the coming week.

On Tuesday, watch for the US Producer Price Index (PPI) data. Specifically, we will have year-over-year (YoY) and month-over-month (MoM) PPI data for December. In addition, the presence of Kansas City Fed Vice President Schmidtlein in the speech will be an important highlight. The market will be looking for clues about the future interest rate direction.

On Wednesday, a series of important data and events will take place. The US will release EIA and API crude oil inventory data. Germany will also release its full-year 2024 GDP growth forecast. On the same day, the US will release the Consumer Price Index (CPI) data for December. Other special events include the opening remarks by New York Fed President Williams at an event and the earnings releases of JPMorgan Chase and Goldman Sachs.

On Thursday, the US will release the preliminary initial jobless claims as of January 11, along with the December retail sales data on a monthly basis. At the same time, speeches by Chicago Fed President Guolsby and New York Fed President Williams will attract attention. On the same day, the Federal Reserve will release the Beige Book and the minutes of the ECB's December monetary policy meeting. Earnings results from TSMC and Morgan Stanley will also be released on this day. Information in the financial and cryptocurrency markets will bring significant volatility to market prices.